High Yield Program Analyst

Barings; Charlotte (NC); On-site; USD 65,000 - 85,000; Full time

Benefits offered by this job

Medical, Prescription, Dental, Vision

401(k) with company match

HSA with company contributions

Flexible Spending Accounts

Life insurance (basic & supplemental)

Paid time off: vacation, sick days, H/

Paid holidays

Disability plans (short & long term)

Education assistance

Commuter reimbursement

Charitable matching gifts

Adoption and surrogacy reimbursement

Volunteer time

Job summary

Barings seeks a Program Analyst to gain hands-on exposure to credit markets and high-yield investments. You will work closely with senior researchers on underwriting, credit analysis, and portfolio management across diverse issuers and sectors.

Structured training leads to live deal work, mentorship, and professional development with top performers considered for full-time roles upon completion.

Qualifications

• > Bachelor’s degree or 1-year master’s degree with Spring 2027 graduation.
• 1-year master’s degree and Spring 2027 graduation given in ad.
• 3.0 GPA minimum required.
• Finance, Accounting or Economics preferred.

Responsibilities

• Collaborate with senior research analysts through underwriting.
• Analyze issuer credit quality and forecast financials to support investments.
• Assess relative value by evaluating risk-return in the credit universe.
• Review credit agreements and indentures to identify strengths/weaknesses.
• Complete quarterly and year-end reporting, earnings analysis, asset pricing, industry reviews.
• Learn and apply approved tech and AI tools for research and workflow.

Skills

Communication skills

Self-starter

Organizational skills

Technical skills

Attention to detail

Education

Bachelor’s degree or 1-year master’s degree (Spring 2027)

GPA 3.0

Finance/Economics degree preferred

Tools

Microsoft Office

Job description

At Barings, we are as invested in our associates as we are in our clients. We recognize those who work diligently for us and reward them for personal and professional integrity, communication skills, distinct competencies and expertise in specific strategies, ability to collaborate as a team member and true dedication to the interests of our clients.

We thank you for your interest in joining the Barings team, and invite you to explore our current employment opportunities.

The Analyst Program provides recent graduates with hands‑on exposure to credit markets and high yield investments. Program Analysts work closely with senior research professionals to support underwriting, credit analysis, and portfolio management across a diverse range of issuers and sectors. The program begins with structured training and quickly transitions into live deal work, mentorship, and professional development through interactive sessions, networking, and team‑building activities. Analysts are fully integrated into the team as key contributors, with top performers considered for full‑time roles upon completion.

Primary Responsibilities

• Collaborate with senior research analysts throughout the underwriting process.
• Analyze issuer credit quality and security characteristics by building financial models and performing forecasts to support investment recommendations.
• Assess relative value by evaluating risk‑return profiles of investment opportunities within the credit coverage universe.
• Review credit agreements and indentures, identifying and articulating structural strengths and weaknesses.
• Complete quarterly and year‑end reporting initiatives, including earnings analysis, asset pricing, and industry reviews.
• Learn and apply approved technology and AI‑enabled tools to support research, analysis, workflow efficiency, and communication while maintaining accuracy, confidentiality, and sound judgment.

Qualifications

• Bachelor’s or 1‑year master’s degree and expected graduation in Spring 2027 from an accredited university.
• Minimum cumulative GPA of 3.0.
• Degree in Finance, Accounting, or Economics preferred.
• Prior experience at a commercial bank, investment bank, or similar financial institution, or successful completion of a formal commercial credit training program, is a plus.
• Strong written and verbal communication skills, with the ability to work effectively in a dynamic, transaction‑focused team environment.
• Self‑starter with strong organizational skills, initiative, and the ability to manage multiple priorities.
• Ability to work effectively under deadlines, adapt to changing priorities, and maintain attention to detail.
• Strong technical skills, including Microsoft Office, and the ability to gather, evaluate, and synthesize information from credible sources.

Barings is an Equal Employment Opportunity employer; Minority/Female/Age/Sexual Orientation/Gender Identity/Individual with Disability/Protected Veteran. We welcome all persons to apply.

Barings Offers a Comprehensive Benefits Package Including

CORE BENEFITS & WELLNESS

• Medical (including Virtual Care), Prescription, Dental, and Vision Coverage
• Fitness Center Reimbursement Program (Including Online Memberships)
• Employee Assistance Program (EAP)
• Fertility Benefits

FINANCIAL WELL-BEING

• Highly competitive 401(k) Plan with Company Match
• Health Savings Account (HSA) with Company Contributions
• Flexible Spending Accounts (FSA) - Health Care & Dependent Care
• Retirement Health Reimbursement Account

LIFE INSURANCE

• Basic and Supplemental Life Insurance
• Spouse and Child Life Insurance

TIME OFF, DISABILITY AND LEAVE OF ABSENCE

• Paid Vacation, Sick Days and Annual Holidays
• Paid Leave of Absences (Maternity Leave, Parental Leave, Caregiver Leave, Bereavement Time)
• Short and Long Term Disability Plans
• Paid Volunteer Time

Other Benefits

• Education Assistance Program
• Charitable Matching Gifts Program
• Commuter Reimbursement Program
• Adoption and Surrogacy Reimbursement Program